FCRA Update – Quarterly Disclosure of Foreign Contribution
Rule 13 (b) requires all NGOs
receiving foreign contribution to disclose on quarterly basis. Here are details on how to go about it.
receiving foreign contribution to disclose on quarterly basis. Here are details on how to go about it.
Rule 13 (b) requires all NGOs
receiving foreign contribution to disclose on quarterly basis, donor-wise
details of foreign contribution received in their Designated FCRA Bank Account,
including the date of receipt. This information should be disclosed within 15
days of the end of the last quarter.
receiving foreign contribution to disclose on quarterly basis, donor-wise
details of foreign contribution received in their Designated FCRA Bank Account,
including the date of receipt. This information should be disclosed within 15
days of the end of the last quarter.
The Amended Rules were notified on 14th December 2015 and thus, this information is already
overdue for the quarter 1st October to 31st December 2015
and should have been on every NGO’s (having FCRA Registration or Prior
Permission) website by 15th January
2016.
overdue for the quarter 1st October to 31st December 2015
and should have been on every NGO’s (having FCRA Registration or Prior
Permission) website by 15th January
2016.
However, considering the fact that several
NGOs do not have a website of their own, MHA has made provisions to enable such
NGOs to upload the necessary information on MHA’s own website.
NGOs do not have a website of their own, MHA has made provisions to enable such
NGOs to upload the necessary information on MHA’s own website.
NGOs desiring to post quarterly FC update of
funds received should log on to MHA’s website: https://fcraonline.nic.in/home/index.aspx
and after using ‘user id’ and ‘password’, the NGO can post the following information:
funds received should log on to MHA’s website: https://fcraonline.nic.in/home/index.aspx
and after using ‘user id’ and ‘password’, the NGO can post the following information:
·
Name
of the donor
Name
of the donor
·
Type
of Donor (Individual or Institutional)
Type
of Donor (Individual or Institutional)
·
Address
of the Donor
Address
of the Donor
·
Purpose
(select out of options — economic, social, cultural, religious, etc.)
Purpose
(select out of options — economic, social, cultural, religious, etc.)
·
Amount
received
Amount
received
For any other queries, write to us at connect@capindia.in